“We’re expecting a price somewhere between a Cayenne and a Panamera,” Robert Meier, Taycan model line director, told Automotive News Europe. Meier is referring to the German market, which puts the base price between the Cayenne's 74,828 euros and Panamera's 90,655 euros there. Considering the same figures for the UK market puts the number between £55,965 and £67,898.

Buyers will be able to spend quite a bit more, too. Porsche Chief Financial Officer Lutz Meschke told Automotive News Europe that range-topping versions could cost as much as 200,000 euros (£175,000 at current exchange rates). For reference, the most expensive Panamera variant currently on sale is the Turbo S E-Hybrid Executive that goes for 199,183 euros in Germany or £146,545 in the United Kingdom.